One way is this. First, cover the whole tier in fondant and let it dry a little. Then roll out another sheet of fondant just to cover the top plus a little overhang. Very carefully, rub the part of the tier where you want the lid with shortening. Center the second sheet of fondant on top of the tier and bring it a short way down the sides of the cake. Carefully cut the fondant off where you want the lid to end. Ideally you would do this without letting your knife imprint the fondant below. Theoretically, the excess fondant will not stick where there is no shortening. I will confess that I've only read this, I haven't tried it, but I'm going to very soon, because it seems like the best way to do it. Of course, another possibility is to make a fully wrapped present, so there would be no lid showing, just wrapping paper and bows - LOL!
I used Fondont panels on a Tiffany cake I did. You can see it in my photos. Just make sure the panels are dry and make sure the measurement are correct so they line up together, you might want to mix some Tylose in the fondont or some gumpast. I took me a while to do this because I kept mis-measuring and didnt let the panels dry enough, but finally got the hang of it. Great learning experience.
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